Karachi, August 6, 2025 – The Federal Board of Revenue (FBR) has announced a significant policy change under the Finance Act, 2025, aimed at enhancing transparency and revenue collection through the regulation of retail pricing for imported goods.
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FBR, Pakistan’s national tax collecting agency, plays a crucial role in the country’s economy. Pakistan Revenue is committed to providing readers with the latest updates and developments regarding FBR activities.
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Bank deposits hit high, FBR tax intake drops
Karachi, August 5, 2025 – The Federal Board of Revenue (FBR) has reported a 5% decline in tax collection from profits on bank deposits during the fiscal year 2024-25, even as the country’s banking sector witnessed record-breaking deposit levels.
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PM Shehbaz orders red tape removal to accelerate FBR reforms
Islamabad, August 5, 2025 – Prime Minister Muhammad Shehbaz Sharif on Tuesday directed the immediate removal of red tape and institutional hurdles to ensure the permanent and effective implementation of wide-ranging reforms within the Federal Board of Revenue (FBR).
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Deadline extended for June sales tax return to August 8
Islamabad, August 5, 2025 – In response to mounting complaints from taxpayers and consultants, the Federal Board of Revenue (FBR) has officially extended the deadline for filing the sales tax return for the month of June 2025 until August 8, 2025.
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FBR notifies sales tax rules for digitally ordered goods in Pakistan
Karachi, August 5, 2025 – In a major move to formalize the rapidly expanding e-commerce ecosystem, the Federal Board of Revenue (FBR) has announced detailed sales tax rules governing the collection and deduction on digitally ordered goods.
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FBR breaks through double-digit tax-to-GDP ratio after decades
Islamabad, August 4, 2025 – In a major fiscal breakthrough, the Federal Board of Revenue (FBR) has shattered a decades-long barrier by achieving a double-digit tax-to-GDP ratio, a milestone hailed as a turning point in Pakistan’s economic journey.
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FBR ends tax exemption on imported solar panels
Karachi, August 4, 2025 – The Federal Board of Revenue (FBR) has officially announced the withdrawal of the sales tax exemption previously available on imported solar panels, marking a significant shift in Pakistan’s solar energy policy.
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FBR limits income tax audit immunity to three years
Karachi, August 4, 2025 – The Federal Board of Revenue (FBR) has announced a significant policy shift, limiting the immunity from income tax audit to a period of three years, following amendments introduced in the Finance Act, 2025.
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FBR imposes 100% higher tax on bank profits for non-filers
Karachi, August 4, 2025 – The Federal Board of Revenue (FBR) has announced a major tax hike targeting non-filers, with a 100% increase in tax rates on profit earned from bank deposits, effective from tax year 2026 (July 1, 2025, to June 30, 2026).
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FBR integrates surplus employees from defunct departments
Islamabad, August 4, 2025 – In a major administrative move, the Federal Board of Revenue (FBR) has officially announced the absorption of a significant number of surplus employees who were previously part of now-defunct government departments.
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